Read the The Washing Post article "Obama Blueprint Deepens Federal Role in Markets" it includes a link to view his draft of the Regulatory Overhaul for financial regulation and increasing goverment involvement in private markets aimed at protecting home buyers.
A proposed new consumer protection agency and powers to overhaul the mortgage lending practices will ensure that consumers can afford their mortgages.
A draft of Obama's blueprint of regulatory changes can be viewed here:
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/16/AR2009061601887.html
Thursday, June 18, 2009
Loan modification article in Wall Street Journal
LOAN MODIFICATION Process is slow - The Wall Street Journal article June 17, 2009
I think all of us can say we know at least one person who is trying to accomplish a loan modification with their lender. About 4 million people were late in paying their mortgage payments in the first quarter of 2009. As of the end of April only 518,155 home loans have been modified.
The process is slowed by the amount of paperwork involved and low numbers in staffing. It is not an easy process, but if it can help keep homeowners from loosing their homes it is well worth it in the end. Here is the link to the article in the Wall Street Journal that shares some stories of homeowners in the process or have had a loan modified.
http://online.wsj.com/article/SB124508720715715781.htm
I think all of us can say we know at least one person who is trying to accomplish a loan modification with their lender. About 4 million people were late in paying their mortgage payments in the first quarter of 2009. As of the end of April only 518,155 home loans have been modified.
The process is slowed by the amount of paperwork involved and low numbers in staffing. It is not an easy process, but if it can help keep homeowners from loosing their homes it is well worth it in the end. Here is the link to the article in the Wall Street Journal that shares some stories of homeowners in the process or have had a loan modified.
http://online.wsj.com/article/SB124508720715715781.htm
Friday, June 12, 2009
Anthem Arizona Home Sales for May 2009
SEE ANTHEM, AZ ON HGTV HOUSE HUNTERS
JULY 23, 2009 check local listings for time
HOMES AVAILABLE FOR
SALE CONTINUES TO BE LOW
Anthem Arizona has approximately 236 homes for sale
as of 6/1/09
based on data from the MLS 6/1/2009
104 Homes and Condos sold in Anthem in May 2009
ANTHEM COUNTRY CLUB
22 Homes Sold
Avg. Sale $305,855 Avg. Size 2,862 sq. ft. 123 Avg. days to Sell
13 Lender Sales avg. $ 97.89/sq. ft.
3 Short Sales avg. $125.83/sq. ft.
6 Owner/Investor Sales avg. $119.16/sq. ft.
Anthem Parkside East
66 Homes Sold
Avg. Sale $181,482 Avg. Size 2,275 sq. ft. 98 Avg. days to Sell
43 Lender Sales avg. $77.85/sq. ft.
17 Short Sales avg. $83.00/sq. ft.
6 Owner/Investor Sales avg. $98.31/sq. ft.
Anthem Parkside West
9 Homes Sold
Avg. Sale $195,889 Avg. Size 2,884 sq. ft. 90 Avg. days to Sell
7 Lender Sales avg. $ 66.15/sq. ft.
2 Short Sales avg. $ 76.74/sq. ft.
0 Owner/Investor Sales
Paseo Townhomes
2 Sold
Avg. Sale $111,812 Avg. Size 1,499 sq. ft. 50 Avg. days to Sell
2 Lender Sale avg. $74.81/sq. ft.
The Villages Condos
5 Sold
Avg. Sale $94,880 Avg. Size 1,297 sq. ft. 128 Avg. days to Sell
4 Lender Sales avg. $74.00/sq. ft.
0 Short Sales avg. $00.00/sq. ft.
1 Owner/Investor Sales avg. $70.60/sq. ft.
based on data from the MLS 6/1/2009
104 Homes and Condos sold in Anthem in May 2009
ANTHEM COUNTRY CLUB
22 Homes Sold
Avg. Sale $305,855 Avg. Size 2,862 sq. ft. 123 Avg. days to Sell
13 Lender Sales avg. $ 97.89/sq. ft.
3 Short Sales avg. $125.83/sq. ft.
6 Owner/Investor Sales avg. $119.16/sq. ft.
Anthem Parkside East
66 Homes Sold
Avg. Sale $181,482 Avg. Size 2,275 sq. ft. 98 Avg. days to Sell
43 Lender Sales avg. $77.85/sq. ft.
17 Short Sales avg. $83.00/sq. ft.
6 Owner/Investor Sales avg. $98.31/sq. ft.
Anthem Parkside West
9 Homes Sold
Avg. Sale $195,889 Avg. Size 2,884 sq. ft. 90 Avg. days to Sell
7 Lender Sales avg. $ 66.15/sq. ft.
2 Short Sales avg. $ 76.74/sq. ft.
0 Owner/Investor Sales
Paseo Townhomes
2 Sold
Avg. Sale $111,812 Avg. Size 1,499 sq. ft. 50 Avg. days to Sell
2 Lender Sale avg. $74.81/sq. ft.
The Villages Condos
5 Sold
Avg. Sale $94,880 Avg. Size 1,297 sq. ft. 128 Avg. days to Sell
4 Lender Sales avg. $74.00/sq. ft.
0 Short Sales avg. $00.00/sq. ft.
1 Owner/Investor Sales avg. $70.60/sq. ft.
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About Kathleen Mazzocco
- Kathleen Mazzocco, Realtor in Anthem, AZ Relocation to Scottsdale, AZ
- Scottsdale, AZ, United States
- Kathleen has worked with a variety of clients and employees from across and outside of the country, and this has given her a firm grasp of all the details that need to be considered when buying a home in Scottsdale, Anthem, or other areas of Phoenix, Arizona. Kathleen is a AZ Corporate Relocation Professional, and Buyer's Agent. She doesn't just help you find the home you want, she also insures that you're settling in well and that you have all the information you need in order to enjoy the highest-quality lifestyle Arizona has to offer. Begin your plan moving to Arizona with Kathleen today. It's a buyer's market right now, so there are great opportunities for you to land the home of your dreams for much less than you ever imagined possible. Acquiring property foreclosures, short sales, and bank owned homes are ways you can save in today's market. As Certified Distressed Professional she can negotiate the best possible price and terms for you. Please browse through Kathleen's website and let Kathleen Mazzocco help you come home to Arizona,search the newest home listings at www.KathleenInAZ.com.